Office/Warehouse Site For
3960 SILVER STAR Rd Orlando, FL 32808
For Sale
$999,000
Pending
Office and warehouse space with a fenced 0.67 acre lot.
Property Size2,043 SF
Lot Size0.67 Acres
Days on Market95
Property Features for 3960 SILVER STAR Rd
General Information
Standard status
Pending
Size
2,043 SF
Lot size
0.67 Acres
Property subtype
Commercial
Building Details
Year Built
1964
Listing Agency:
(321) 689-8000
Listed By:
Mark Allen
(321) 689-8000
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Allen
Investment Insights
Based on property information with market context.
This property features an 800-square-foot office and a 1,243-square-foot warehouse on a fully fenced 0.67-acre lot. The site is zoned ORG-RSTD C-3 and has three restrictions: new billboards and pole signs are prohibited; the applicant/developer must submit a site plan to demonstrate compliance with all Orange County Code requirements, including landscaping and paved surfaces, before accommodating any C-2 uses; and outdoor storage areas must be identified on the site plan and screened from public rights-of-way. The property has a bike score of 41, indicating it is somewhat bikeable, a walk score of 42, indicating car-dependent, and a transit score of 34, indicating some transit options are available.
Key Highlights
- 0.67 Acre Fenced Lot
- Office/Warehouse Combination
- Features 800 SF of Office Space
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.3k | $30.00 |
| − Vacancy | −$10.4k | −$5.10 |
| EGI | $50.9k | $24.90 |
| − OpEx | −$12.7k | −$6.23 |
| NOI | $38.2k | $18.67 |
2,043 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$545.0K
$476.9K – $635.9K
NOI $38,153 @ 7.0% cap · market cap 3.82%
Second Best
Warehouse
$198.0K
$173.2K – $231.0K
NOI $13,858 @ 7.0% cap · market cap 1.39%
Theoretical Best
Office A
$658.1K
$575.9K – $767.8K
NOI $46,069 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse space with a fenced 0.67 acre lot.
Where is this flex space located?
The property is located at 3960 SILVER STAR Rd Orlando, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 0.67 Acre Fenced Lot; Office/Warehouse Combination; Features 800 SF of Office Space
